Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments and Hedging Activities (Tables)

v2.4.0.6
Derivative Instruments and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2012
Derivative Instruments and Hedging Activities [Abstract]  
Gains (losses) relating to derivative instruments recorded in other comprehensive income (loss)
                                 
    Amount of Gain (Loss) Recognized
in Other Comprehensive Income (Loss) 		 
    For the Three Months Ended     For the Six Months Ended  
    June 30, 2012     June 30, 2011     June 30, 2012     June 30, 2011  
    (In millions)  

Derivatives designated as hedging instruments:

                                

Foreign exchange currency contracts relating to inventory and intercompany management fee hedges

   $ 1.5     $ (0.6 )    $ (0.2 )    $ (2.5 ) 

Interest rate swaps

     —       $ (1.5 )    $ (0.4 )    $ (1.5 ) 
Gains (losses) relating to derivative instruments recorded to income
                                     
    Location of Gain   Amount of Gain (Loss)
Recognized in Income 		 
    (Loss)   For the Three Months Ended     For the Six Months Ended  
    Recognized in Income   June 30, 2012     June 30, 2011     June 30, 2012     June 30, 2011  
        (In millions)  

Derivatives designated as hedging instruments:

                                    

Foreign exchange currency contracts relating to inventory hedges and intercompany management fee hedges (1)

   Selling, general and
administrative expenses		   $ (0.3 )    $ (0.1 )    $ (0.2 )      —    

Derivatives not designated as hedging instruments:

                                    

Foreign exchange currency contracts

   Selling, general and
administrative expenses		   $ 0.2     $ (1.8 )    $ (10.6 )    $ 1.1  

 

(1) For foreign exchange contracts designated as hedging instruments, the amounts recognized in income (loss) represent the amounts excluded from the assessment of hedge effectiveness. There were no ineffective amounts recorded for derivatives designated as hedging instruments.
Gains (losses) relating to derivative instruments reclassified from accumulated other comprehensive loss into income effective portion
                                     
    Location of  Gain
(Loss)
Reclassified
from  Accumulated
Other Comprehensive
Loss into Income
(Effective Portion) 		  Amount of Gain (Loss) Reclassified
from Accumulated
Other Comprehensive
Loss into Income 		 
       For the Three Months Ended     For the Six Months Ended  
       June 30, 2012     June 30, 2011     June 30, 2012     June 30, 2011  
        (In millions)  

Derivatives designated as hedging instruments:

                                    

Foreign exchange currency contracts relating to inventory hedges

   Cost of sales   $ 0.2     $ (0.1 )    $ 0.2     $ (0.3 ) 

Foreign exchange currency contracts relating to intercompany management fee hedges

   Selling, general and
administrative expenses		   $ 1.3     $ (0.9 )    $ 2.5     $ (1.5 ) 

Interest rate swaps

   Interest expense, net   $ (0.9 )    $ (0.9 )    $ (1.8 )    $ (1.8 )